Paperspace Co.
Latest round
- Series A
Last raised
- Aug 2018
Total raised
- $23M
Investors
- 13
About Paperspace Co.
Based in the US, Paperspace Co.Founded in 2014 and headquartered in Brooklyn, US, Paperspace Co. specializes in cloud infrastructure for AI and ML applications.Paperspace specializes in cloud-based infrastructure and services designed to facilitate the development, training, and deployment of artificial intelligence (AI) and machine learning (ML) models. Their core offerings include a fully-managed cloud GPU platform equipped with NVIDIA H100 GPUs, which enables users to handle AI workloads of varying sizes and complexities. The platform provides pre-configured templates for rapid model training and scaling, with features such as job scheduling, resource provisioning, and lifecycle management, thereby minimizing the need for direct server management.Paperspace generates revenue primarily through a usage-based pricing model that allows clients to pay for only the compute resources they utilize, enabling flexibility in scaling operations. The company offers various subscription plans to access different tiers of GPU compute power and services, facilitating transactions that cater to both business-to-business (B2B) clients and direct-to-consumer users. For instance, clients engaging with Paperspace can select from a range of GPU instances based on their specific needs, allowing for efficient budget management while accessing high-performance resources.In July 2023, DigitalOcean, LLC acquired Preqin, Ltd. for USD 111 mn, which will enable the company to enhance product development capabilities. The company plans to introduce innovative solutions that will cater to the evolving needs of its diverse clientele.
Who invested in Paperspace Co.
13 investors across 4 rounds
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Questions about Paperspace Co.
Who invested in Paperspace Co.?
Paperspace Co. has 13 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Paperspace Co. raised?
Paperspace Co. has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did Paperspace Co. last raise money?
Paperspace Co.'s most recent round on record is a Series A, in Aug 2018.
What does Paperspace Co. do?
Based in the US, Paperspace Co.
Where is Paperspace Co. headquartered?
Paperspace Co. is headquartered in Brooklyn, US.
Which VCs invest in companies like Paperspace Co.?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Paperspace Co.'s stage. Their profiles are linked below.
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